Current Affairs - Business

Exercise :: Business - Latest Current Affairs

  • Business - Latest Current Affairs
51. 

Which among the following plans to ban small plastic bottle toiletries from December 2020?

A. Marriott International
B. Starwood
C. Westin Hotels & Resorts
D. Hilton Hotels & Resorts

Answer: Option A

Explanation:

Marriott International, the world's largest hotel chain will eliminate small plastic bottles of shampoo, conditioner and bath gel from its hotel rooms worldwide by December 2020. They'll be replaced with larger bottles or wall-mounted dispensers, depending on the hotel. They will eliminate about 200 million tiny bottles each year by 2021.Marriott more than 7,000 hotels in 131 countries under 30 brands, ranging from SpringHill Suites and Residence Inn to Sheraton and Ritz-Carlton. It says it will be eliminating about 500 million small bottles each year, or 1.7 million pounds of plastic.

52. 

Who will replace Jack Ma as Executive Chairman of Alibaba?

A. Ren Zhengfei
B. Daniel Zhang
C. Wang Jianlin
D. Liu Chuanzhi

Answer: Option B

Explanation:

Daniel Zhang, Alibaba's CEO, will replace Jack Ma as Executive Chairman of the group.

53. 

Which among the following company is the pension fund manager of the Scheme "Kisan Maan-Dhan Yojana"(KMY).

A. Bharti AXA Life Insurance Company Limited
B. Life Insurance Corporation of India
C. Aegon Life Insurance Company
D. Edelweiss Tokio Life Insurance Company Limited

Answer: Option B

Explanation:

Life Insurance Corporation of India(LIC) is the pension fund manager of the scheme "Kisan Maan-Dhan Yojana"(KMY).The supervisor of this scheme is Ministry of Agriculture & Farmers Welfare(MAFW).

54. 

Niti Aayog selected this company to set up India's first Digital Capability Centre.

A. McKinsey & Company
B. Bain & Company
C. Boston Consulting Group
D. Ernst & Young

Answer: Option A

Explanation:

National Institution for Transforming India (Niti Aayog) has selected McKinsey & Company to set up India's first Digital Capability Centre (DCC). McKinsey & Company supports 5 such centres globally- in Aachen, Chicago, Singapore, Venice and Beijing. The government will act as a facilitator to bring together industry, academia, and research on one platform by forming DCC. DCC is a unique digital manufacturing learning centre offering company leaders and their workforces hands-on experience and workshops in next generation technology.

55. 

Which of the following unveils 'Good Vibes' and 'Relumino' app for deaf-blind and visually impaired people in India?

A. Facebook
B. Samsung
C. Google
D. Huawei

Answer: Option B

Explanation:

South Korean tech giant Samsung, has unveiled two apps namely "Good Vibes" a communication tool for deaf and blind people and "Relumino" that helps the visually impaired people to see the images clearer. Good Vibes: It was developed in partnership with the Non-Profit Organisation(NPO) Sense India, and uses Morse code that converts vibrations into text and vice versa, where a deaf-blind person can communicate with the help of dots and dash combinations to send messages. Relumino app: It was developed by the Samsung employees in the global C-Lab programme in partnership with the National Association for the Blind (NAB), Delhi. The NAB will make use of this relumino in classrooms for students with low vision. This is expected to be a revolutionary move in communication to help the 253 million visually impaired people, 217 low vision people and 14million blind people as per 2017 data released by the World Health Organisation(WHO) of which there are about 5,00,000 deafblind people in India.